I estimate the effect of the minimum wage on formal wages, informal wages, and employment in Colombia. I exploit an unexpected increase in the real minimum wage during 1999. My analysis...

Provision of new subsidized housing projects has proven to be an effective alternative to reduce the high level of quantitative housing deficit in developing countries. However less is known about how...

The concept of Granger causality is an important tool in applied macroeconomics. Recursive econometric methods to analyze the temporal stability of Granger-causal relationships have recently been developed. These recursive procedures are used to re-evaluate the...

An essential tool in the fight against poverty is the generation of decent jobs through an equitable and inclusive labor market. To achieve this, two fronts of struggle must be addressed....

Developing countries have a vast informal sector generally associated with low levels of productivity. The persistence of informality could be a response to rigidities in the labor market, associated with a...

This paper studies the factors associated with differential prices in segmented housing markets. Despite the breadth of the literature addressing this issue, a gap remains in the investigation of differential prices...

En este artículo se presenta una revisíon en la que se identifican cuatro ramas distintas de la modelación de la economía informal en la literatura, a saber: modelos duales, modelos de...

The accelerated modern day urban development is accompanied by an increasing production of solid waste. While managing solid waste on an industrial scale presents different technological challenges, managing household waste requires...

El presente capítulo se centra en un espacio geográfico específico, el Barrio Minuto de Dios. Desde una perspectiva histórica se puede observar su construcción paulatina gracias a la visión del Padre...

The effect of regulation on the proliferation of informal settlements is unclear. While stricter regulations can provide policy makers with tools for control them (welfare economic approach), they can also constitute...